2011 Global Stock Market Collapse Watch

Originally posted by IamAbeliever
reply to post by majesticgent

 

I saw it on breakingnews.com. No link to an article though.

Ah ok thanks. I found it. Glen Johnson on Twitter said it. Not sure if what he says is true, but interesting none the less.

@globeglen Boston, Mass.
I'm Politics Editor at boston.com. I blog and write about local, state, and national politics. I also enjoy cooking for myself and in pro kitchens.
www.boston.com...

PRESIDENT OBAMA: Vacation departure pushed back to market close. #2012 #magov #mapoli

Twitter

Originally posted by Doublemint
if he gives a speech can he atleast wait untill after 4

Let's hope he waits until after 8. After hours trading goes on until 8. Actually, come to think of it, how about no speech at all? That would be great for the economy.

I am curious if this speech has something to do with Syria... possible war maybe?

Either way, does not fair well for the market

JT

video.cnbc.com...reply to

post by marg6043


Is this what you were talking about the missing money?

reply to post by Doublemint


It wasn't really missing but some type of fund that are in US dollars for emergency situations and so far never been tapped until last night, it doesn't say which entity tapped into the funds but some one did, this along is raising fairs on which "bank" is in trouble.

the market is going to tank big time are you ready?money.cnn.com... it is going down hill fast.

reply to post by bekod


I'm still holding off, but when the time comes I wonder if a gracious mod would change the title of this thread from "Watch" to "Warning!" when the time comes!

Stock market is going INSANE!!

It will go down and up..

Right now it is down..

IT WILL GO BACK UP people..

Just give it time.

reply to post by majesticgent
what are you waiting for 4% dow loss or 5%? it is at 3.80%. this is not a watch any more, it is a warning.

reply to post by bekod


Remember last week? We had 5% drops followed by 4.5% gains the next day. It's pure volatility.

reply to post by bekod


A one day drop would have to be atleast 8% in my opion 4 or 5% is recovered to fast to be of real concren just look at the last couple of weeks. or the history of the market all together

Last week the market was absolutely insane. People feared and sold and a few people jumped in and hoped to make a nice profit (Hope and fear - love the market).

The question is who will win the battle, those that are fearing or those that are hoping.

After the major losses early (520pts) it’s been a pretty flat day. The last hour of trade is going to be great to watch though, yeah?

No idea why I’m so obsessed, I’m an Aussie, not an American.

reply to post by User1981


to me last week showed how week people are.

But ya hopefully we see some fireworks or somthing in this last hour. looks like its gooing to be low 10,800

There were no reasons for people to go selling like they did over the last two weeks, esp if Obama shut his mouth.

Europeans, sure, maybe, but the U.S market?

The market will bounce back up, but the question is, one small scare could cause the bull to charge. But hey, someone’s loss is another’s gain.

In time, when it is all over and stability returns with more awakened world, many will revere President Obama for what he had done and elevate him to the status that Roosevelt held. He had:-

1. Fought tough and hard with contentious republicans to get the debt ceiling raised.

2. WIth it, it ensured trust in US treasury worldwide, such that the banksters and corporations attempt to screw US failed, using S&P to be the hatchet man to get others lose trust in US bonds and flow it into real worthless EU bonds.

3. With debt ceiling raised, as well as funds from the world kept in US backed by US garuntees, a rich nation due to its great human capital and resources whom could easily pay off any loan within a few years, it could now conscientiously focus on bailing out workers instead of banksters or too big to fail liars.

QE3 may not be needed as now US is flushed with funds, that even the China CCP gov only days ago called for a new source of monetary system and wanted US dollar dead and gone, is BEGGING US today to look after its pathetic reserves in US which no american had shafted a gun up their heads to loan to.

Even though the pride is there, more vital now is to create jobs with the funds avaliable instead of bailing out banksters again. With such funds, more money will circulate in the economy, touch and enriching everyone along the way as well as the world.

Worry not what's happening in the casino stock exchange. It is a free market after all, where only the best and strongest survive, touted by all despite the inherent flaws in such systems. It WILL collapse soon, but those that are left, will be the ones to spearhead US and the world's progress/evolution.

Cheers!

well on the bright side my stash of Canadian quarters can now be used in the as a quarter 1 to 1 now

Just a little while longer until the markets close. Here's where they are at the moment.

[atsimg]http://files.abovetopsecret.com/images/member/06bd6412e8a6.jpg[/atsimg]

S&P and Nasdaq hit their day lows just recently. Dow so far managing not to go past its lowest point from earlier in the day

Held up, but its slowly getting lower lows with its peeks. here comes happy hour.

Which will be make or break maybe,

-512 at the close is my prediction +- 5 points spread, i do not know what that would be in % of the dow but i do know it will be a big hit , recoverable yes, but then would investors think it worth the risk?

A 500pt loss wouldn't be that bad considering what happened in the first hour of trade to be honest.

When markets went bad back in 08, most those really shocking days saw major losses near close. Not really seeing that. Least there is some stability.

if it can hold near 500 loss, that will be a good recovery, without a recovery if you know what i mean. Plus you'd think tomorrows opening trade will open higher.